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 If all you are is a nail, every hammer looks like a problem. - Alan Anderson [more] |
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| If all you are is a nail, every hammer looks like a problem. - Alan Anderson [more] |
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#17
11-04-2008, 07:34
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Re: FIRST has $8 Million?!? What did I miss?
Let us not forget the need to pay the staffers in Manchester. You need to keep some money in the bank to pay salaries, rent, and taxes. On an organization like this, prudent planners like to keep six months of expenses in reserve. That varies of course with annual cash flow expectations.
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